Home Improvement Loan

The home renovation loan is for current homeowners who live within the boundaries of a Healthy Neighborhood.

Neighborhood boundaries are defined by the Baltimore City Neighborhoods Map. The borrower must be the owner-occupant of the home. Current residents may borrow between $5,000 and $20,000, and the loan must be used for home renovation only, including some visible exterior improvements. The interest rate is always 1% below the prime rate but in no event less than 4%. The term is 10 years.

$10,000 Matching Rehab Grant

In combination with our Purchase and Rehab loan or Home Improvement loan, borrowers may be eligible for a matching grant of up to $10,000. Income restrictions apply. Click Learn more to check your income eligibility.